Transactions Rumors | Hoops Rumors

Rockets Sign Cameron Oliver Via Hardship Exception

May 10th, 2021 at 12:26pm CST by Arthur Hill

MAY 10: The Rockets have officially signed Oliver via a hardship exception, the team announced today in a press release. While Houston classifies it as a 10-day contract, there are only seven days left in the regular season, so it won’t technically cover 10 full days.

MAY 9: Center Cameron Oliver has agreed to a 10-day contract with the Rockets that will cover the remainder of the regular season, according to Olgun Uluc of ESPN.

Oliver, 24, recently completed his second season with the Cairns Taipans in Australia’s National Basketball League, averaging 17.3 points, 10 rebounds and 1.4 blocks per game. He is still under contract with the Taipans for the 2021/22 season, so his NBA stay figures to be brief.

Oliver is one of the top centers in Australia, according to Uluc, with elite athleticism and a shooting range stretching beyond the three-point line. He will join former Sydney Kings player Jae’Sean Tate and coach Will Weaver in Houston.

Oliver has a history with the Rockets, points out Ben DuBose of USA Today’s Rockets Wire. After going undrafted out of Nevada in 2017, Oliver signed with Houston and participated in training camp that year. He played two seasons in the G League before going to Australia.

The Rockets have a full roster, DuBose adds, but could add Oliver without another move if they get a second hardship exception from the league. With a roster severely depleted by injuries, Houston recently used its first hardship exception to add Khyri Thomas.

Magic Sign Donta Hall For Remainder Of Season

May 9th, 2021 at 3:34pm CST by Dana Gauruder

MAY 9: The Magic have officially signed Hall for the rest of the season via a hardship exception, the team announced today in a press release. The deal, which covers eight days, will be worth $79,216.

MAY 8: The Magic will sign forward Donta Hall to a rest-of-season contract, Shams Charania of The Athletic tweets.

Orlando signed Hall to a pair of 10-day contracts, the second of which was set to expire on Sunday. Before that deal ran its full course, the club inked Ignas Brazdeikis to a 10-day contract and released Hall.

The 23-year-old Hall has played eight games for the Magic, averaging 3.1 PPG and 4.4 RPG in 11.5 MPG. Hall also played in a total of nine games for Detroit and Brooklyn last season.

Orlando turned back to Hall after an apparent agreement with Admiral Schofield failed to materialize. It’s believed the injury-riddled Magic will sign Hall using the hardship exception.

Bucks To Sign Elijah Bryant, Waive Rodions Kurucs

May 8th, 2021 at 11:52am CST by JD Shaw

MAY 8: Bryant is leaving Maccabi Tel Aviv and will sign a two-year contract with the Bucks, a source tells Sportando. According to Carchia and Cohen, the Israeli team will receive a buyout worth $500K.

As Carchia reports and as Shams Charania of The Athletic confirms (via Twitter), Kurucs is expected to be waived to make room on the roster for Bryant.

MAY 5: The Bucks are expected to sign guard Elijah Bryant once he leaves his current team in Israel, Maccabi Tel Aviv, according to Emiliano Carchia of Sportando and Roi Cohen of Sport5 (Twitter links).

Bryant, however, doesn’t have a buyout clause in his contract, which could complicate any agreement between the sides. As Stefan Djordjevic of EuroHoops relays, Maccabi Tel Aviv views Bryant as an important piece to its team and could request up to $750K for a buyout to be formally processed.

Should the agreement go through, Milwaukee could part ways with forward Rodions Kurucs to make room for Bryant, Carchia adds (Twitter link). Kurucs has only appeared in five contests since being acquired in a trade with Houston in March.

Bryant averaged 9.8 points, 3.0 rebounds, and 2.0 assists per game in 34 EuroLeague contests (23.3 MPG) this season, shooting 44.0% from the field and 36.9% from deep. The 26-year-old went undrafted in 2018 after spending collegiate seasons at Elon and BYU. He also played summer league ball with the Bucks in 2019.

Milwaukee currently holds the third-best record in the Eastern Conference at 41-24 and officially clinched a playoff berth by defeating the Nets on Tuesday.

Magic No Longer Signing Admiral Schofield

May 8th, 2021 at 10:38am CST by marksuleymanov

Although a report several days ago stated that the Magic intended to sign forward Admiral Schofield via the hardship exception, Orlando’s plans have hit a glitch and the signing will no longer happen, tweets The Athletic’s Josh Robbins.

It’s unclear what exactly changed in the Magic’s plans, as the team has experienced a series of injuries and appeared to be on the verge of a deal with Schofield. Teams can use the hardship exception if at least four players miss three or more games and are expected to miss at least another two weeks.

Orlando currently has five players that could miss the remainder of the regular season, in addition to Jonathan Isaac and Markelle Fultz, so the team would seemingly qualify for a hardship exception. We’ll have to wait to see if the Magic end up signing a different player or just stick with their current roster.

Schofield, 24, was the first player selected in January’s NBAGL draft but produced modest results. He averaged just 10.1 PPG and 5.7 RPG in 14 games for Charlotte’s G League affiliate, the Greensboro Swarm. He also shot below 40% from the field and a paltry 22.7% from beyond the arc.

The UK native was selected 42nd overall in the 2019 NBA Draft but has appeared in just 33 games during the 2019/20 campaign with the Wizards.

Rockets Sign Khyri Thomas Via Hardship Exception

May 7th, 2021 at 4:06pm CST by Alex Kirschenbaum

MAY 7: The Rockets have officially signed Thomas, the team announced today in a press release. Since Houston was granted a hardship exception as a result of all their injuries, no corresponding roster move was required.

Houston announced the deal as a 10-day contract — there are only 10 days left in the regular season, so it’ll cover the team’s remaining games.

MAY 5: Free agent shooting guard Khyri Thomas is set to ink a new deal with the Rockets, according to Kelly Iko and Alykhan Bijani of The Athletic (Twitter link). Terms of the agreement have yet to be disclosed, but Jonathan Feigen of The Houston Chronicle suggests it could be a 10-day contract.

Selected with the No. 38 pick in the 2018 draft, Thomas spent his first two NBA seasons with the Pistons. The 6’3″ wing logged time across 34 games during his two seasons with Detroit, averaging 7.5 MPG.

Thomas and swingman Tony Snell were sent by the Pistons to the Hawks in exchange for Dewayne Dedmon during the 2020 offseason, and Thomas was quickly released by Atlanta. The 24-year-old Creighton alum was mostly recently signed to an Exhibit 10 deal with the Spurs, but San Antonio waived him before he could play a regular season game with the club.

Given that they are already eliminated from playoff contention with a 16-49 record, it makes sense for the tanking Rockets to take a flyer on a young player with some upside during the waning days of the 2020/21 regular season. Houston has seven games remaining in its schedule.

The Rockets will need to waive someone in order to make room for Thomas unless they’re granted a hardship exception that allows them to add an extra player. That’s a possibility, given all the injuries the team is dealing with.

Pelicans Sign Naji Marshall To Four-Year Contract

May 7th, 2021 at 1:07pm CST by Luke Adams

MAY 7: The Pelicans have made it official, issuing a press release to formally announce Marshall’s new contract.

MAY 6: The Pelicans have reached an agreement with rookie forward Naji Marshall on a new deal that will promote his from his two-way contract to a spot on the 15-man roster, according to Shams Charania of The Athletic (Twitter link).

Sources tell Charania (Twitter link) that the deal will cover four years — the rest of this season, plus the next three. It will be fully guaranteed through 2022/23, with a non-guaranteed fourth year, Charania adds. The Pelicans will use a portion of their mid-level exception to complete the signing.

Charania pegs the value of the deal at $5.3MM, which indicates it’s a minimum-salary contract. That comes as no surprise, since today is the first day that the Pelicans were able to add a 15th man to their roster on a rest-of-season minimum deal without surpassing the luxury tax line.

Marshall, who signed a two-way contract with New Orleans in December after going undrafted out of Xavier, has emerged since the start of April as a regular rotation player for the club. For the season, he has averaged 6.4 points, 4.1 rebounds, and 2.6 assists per game in 26 contests (19.8 MPG). He has knocked down 37.3% of his three-point attempts.

The 23-year-old also participated in the G League bubble at Walt Disney World, recording 15.5 PPG, 5.5 RPG, and 1.6 APG on .490/.349/.696 shooting in 12 games (26.9 MPG) for the Erie BayHawks.

Once the move is official, the Pelicans will have an open two-way contract slot, which they could fill before their season ends on May 16, if they so choose.

Photo courtesy of USA Today Sports Images.

Sixers Waive Mason Jones

May 6th, 2021 at 3:31pm CST by Luke Adams

The Sixers have released rookie shooting guard Mason Jones, the team announced today (via Twitter). Jones had been on a two-way contract with Philadelphia.

Jones, who began the season on a two-way deal with Houston, was waived in early March, signed a 10-day contract with the Rockets, then found his way to the 76ers later in the month when two-way player Paul Reed was promoted to the 15-man roster.

For the season, he has averaged 5.3 points and 1.7 rebounds per game in 32 contests (10.4 MPG), with a respectable shooting line of .423/.364/.625. However, he didn’t see much action for the Sixers, logging just 27 total minutes in six appearances.

Philadelphia now has an open two-way slot, which the team could fill in the next 10 days before the regular season ends.

Knicks Sign Luca Vildoza To Four-Year Deal

May 6th, 2021 at 2:48pm CST by Luke Adams

MAY 6: The Knicks have officially signed Vildoza, the team announced in a press release. While the deal has been finalized, it remains unclear exactly when the 25-year-old will be able to report to the team.

New York now has a full 17-man roster.

MAY 5: The Knicks and Argentinian guard Luca Vildoza have reached an agreement on a four-year deal worth $13.6MM, agent Alex Saratsis of Octagon Sports tells Adrian Wojnarowski of ESPN.

According to Wojnarowski, Vildoza intends to fly to New York once he clears the immigration process, but it remains unclear exactly when he’ll complete his deal or whether he’ll be available for the Knicks at all this season. His exact timeline will depend on how long it takes him to go through the immigration process, to undergo a physical, and to clear the NBA’s health and safety protocols.

Wojnarowski reports that only the first year of Vildoza’s contract will be guaranteed. New York will have a chance to evaluate him in the Olympics, Summer League, and training camp before having to commit to a second-year guarantee, Woj notes.

Vildoza, 25, has been playing basketball professionally since 2012, having started his career with Quilmes in Argentina. He joined Baskonia in 2017 and has spent the last four seasons in Spain, playing a key role in the club’s backcourt. In 31 EuroLeague games in 2020/21, he averaged 10.1 points and 3.4 assists in 25.2 minutes per contest, posting a shooting line of .410/.376/.761.

Reports last week indicated that the Knicks were eyeing a deal with Vildoza, who had reportedly agreed to a buyout with Baskonia. The club still has cap room available, which will be used to accommodate a long-term contract worth more than the veteran’s minimum. The signing will push the Knicks above the minimum salary floor for 2020/21, Bobby Marks of ESPN tweets.

Once Jared Harper‘s 10-day contract expired on Sunday night, the Knicks had one open spot on their 15-man roster and one open two-way contract slot. The team announced that Harper received a second 10-day deal, but the league’s official transactions log showed that he was actually re-signed to a two-way contract, which Hoops Rumors has confirmed. As such, there’s an open spot on the 15-man squad for Vildoza.

Nets Expected To Sign Mike James To Rest-Of-Season Deal

May 6th, 2021 at 2:33pm CST by Luke Adams

Mike James‘ second 10-day contract with Brooklyn will run through next Wednesday, but there’s already an expectation that the Nets intend to sign him for the rest of the season when that deal expires, according to a report from Dionysis Aravantinos of Eurohoops.com.

James, 30, has appeared in seven games for the Nets so far, averaging 6.7 points and 3.6 assists in 16.1 minutes per contest. He had 11 points and eight assists in a win over Toronto last Tuesday, and put up 15 points in a loss to Portland on Friday.

Since there’s still nearly a full week before James will be eligible to sign a rest-of-season contract, it’s possible the Nets’ plans could change between now and next Thursday. However, the veteran guard has produced as expected so far, providing backcourt depth and knocking down 35.7% of his three-point attempts.

As Aravantinos notes, James is only in the NBA temporarily, as his rights will belong to CSKA Moscow in Europe for the next two seasons after 2020/21. So if and when Brooklyn re-signs him, he won’t be able to get a multiyear deal.

Magic To Sign Admiral Schofield Via Hardship Exception

May 6th, 2021 at 10:48am CST by Luke Adams

The Magic intend to sign free agent forward Admiral Schofield, according to Josh Robbins and Shams Charania of The Athletic (Twitter link). Orlando has been granted a hardship exception, so the team won’t have to waive anyone to open up a spot on its 15-man roster for Schofield.

A team can receive a hardship exception when it has at least four players who have missed three or more games due to injury/illness and those players are expected to remain sidelined for another two weeks (or, in this case, through the end of the regular season). Jonathan Isaac and Markelle Fultz have long been ruled out for the season, and the Magic have five other players who have missed at least three games and may not return before season’s end.

Schofield, 24, was selected with the 42nd overall pick in the 2019 draft, but lasted just one year with the Wizards. He was traded during the 2020 offseason to the Thunder, who subsequently waived him.

The former Tennessee standout signed a G League contract and was the first player selected in January’s NBAGL draft. He averaged a modest 10.1 PPG and 5.7 RPG in 14 games (26.2 MPG) for the Greensboro Swarm – Charlotte’s G League affiliate – and struggled with his shot, making only 38.2% of his attempts from the floor and 22.7% from beyond the three-point line.

Despite his inconsistent play at the Walt Disney World bubble, the Magic will take a flier on Schofield down the stretch. Robbins and Charania indicate he”ll receive a 10-day contract, which suggests the deal will be completed today — as of tomorrow, there will only be 10 days left in the regular season, so any standard contract signed after today would just be a rest-of-season arrangement.